Taiwan revised up its economic growth forecast for this year, predicting that roaring demand for AI would send exports to the best performance in five decades.
Gross domestic product is expected to expand by 9.64% in 2026, the statistics bureau in Taipei said in a statement on Friday, up from its
The prediction for export growth this year was raised to a whopping 39.77%, up from 22.22%. An official for the bureau said that figure would be the highest since 1976.
Demand from the AI buildout has been “beyond expectations,” the bureau said in a statement. ...